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Community Healthcare Trust Incorporated - $CHCT STOCK NEWS

Welcome to our dedicated page for Community Healthcare Trust Incorporated news (Ticker: $CHCT), a resource for investors and traders seeking the latest updates and insights on Community Healthcare Trust Incorporated stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Community Healthcare Trust Incorporated's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Community Healthcare Trust Incorporated's position in the market.

Rhea-AI Summary

Community Healthcare Trust Incorporated announced its financial results for the first quarter of 2024, revealing a net income of $3.7 million. The company acquired several properties and issued new shares to fund its expansion plans. Despite changes in executive compensation and a tenant emerging from bankruptcy, the company remains focused on growth and shareholder value.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.47%
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Rhea-AI Summary
Community Healthcare Trust Incorporated (CHCT) raises its common stock cash dividend to $0.46 per share for the first quarter of 2024, marking an annualized dividend of $1.84 per share. Shareholders of record on May 10, 2024, will receive the dividend on May 24, 2024. This increase continues the trend of quarterly dividend growth since the company's IPO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
Tags
dividends
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Rhea-AI Summary
Community Healthcare Trust Incorporated (CHCT) will report Q1 2024 results on April 30, 2024, followed by a conference call on May 1, 2024. The company focuses on owning income-producing real estate properties related to outpatient healthcare services in the US.
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Rhea-AI Sentiment
End-of-Day
0.7%
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Rhea-AI Summary
Community Healthcare Trust Incorporated (CHCT) reported net income of $4.6 million for Q4 2023, with FFO and AFFO per share at $0.57 and $0.61 respectively. The company acquired properties worth $7.1 million and a long term acute care hospital for $6.5 million. They have properties under purchase agreements totaling $27.9 million and $166.5 million. Additionally, they issued 348,000 shares of common stock, generating $9.5 million. GenesisCare's bankruptcy update shows positive progress, with lease payments met through February 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
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Rhea-AI Summary
Community Healthcare Trust Incorporated (CHCT) has announced a significant increase in its common stock cash dividend for the quarter ended December 31, 2023. The dividend of $0.4575 per share is payable on March 1, 2024, to shareholders of record on February 20, 2024, equating to an annualized dividend of $1.83 per share. This marks a consistent increase in dividends every quarter since its Initial Public Offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.66%
Tags
dividends
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Rhea-AI Summary
Community Healthcare Trust Incorporated (CHCT) will report Q4 2023 results on February 13, 2024, followed by a conference call on February 14, 2024, to discuss earnings, quarterly activities, and industry trends. The company focuses on owning income-producing real estate properties associated with outpatient healthcare services in the US, with investments of approximately $1.05 billion in 191 properties across 34 states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.69%
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Rhea-AI Summary
Community Healthcare Trust Incorporated (CHCT) reported net income of $3.5 million, or $0.11 per diluted common share, for the three months ended September 30, 2023. Funds from operations (FFO) and adjusted funds from operations (AFFO) were $0.58 and $0.63 per diluted common share, respectively. The company acquired seven real estate properties for $51.7 million and two medical office buildings for $7.1 million. They have seven properties under definitive purchase agreements, expected to be acquired for $166.5 million. The company issued 552,000 shares of common stock, raising approximately $17.8 million. A quarterly dividend of $0.455 per share was declared.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.17%
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Rhea-AI Summary
Community Healthcare Trust (CHCT) increases its common stock cash dividend for the quarter ended September 30, 2023. The dividend rate is $0.455 per share, payable on November 24, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.3%
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dividends
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Rhea-AI Summary
Community Healthcare Trust to report Q3 2023 results and hold conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
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Community Healthcare Trust Incorporated

NYSE:CHCT

CHCT Rankings

CHCT Stock Data

675.08M
24.11M
4.01%
92.68%
1.45%
Other Financial Vehicles
Finance and Insurance
Link
United States of America
FRANKLIN

About CHCT

community healthcare trust incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the united states. the company had investments of approximately $667.3 million in 131 real estate properties as of september 30, 2020, located in 33 states, totaling approximately 2.8 million square feet.